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Why AMC Networks Stock Jumped 21% in February

TheMotleyFool

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Why AMC Networks Stock Jumped 21% in February: https://g.foolcdn.com/editorial/images/723673/watching-tv-streaming-relaxing-entertainment.jpg

Shares of AMC Networks (NASDAQ: AMCX) were moving higher last night after the company posted a better-than-expected fourth-quarter earnings report, and new management took over.

According to data from S&P Global Market Intelligence, the stock gained 21% last month. As you can see from the chart below, AMC spiked on earnings before giving up some of those gains over the duration of the month.